Lobbyists in 'feeding frenzy'

[NeoConsSuck]

Source: USAToday.com

WASHINGTON — The financial services industry, which has spent billions on lobbying and campaign contributions over the last decade, is scrambling to make its case for a proposed $700 billion bailout plan amid deep public skepticism.
Wall Street firms, commercial banks and insurers are lobbying on an array of issues — from beating back proposals to make it easier to reduce mortgage debts in bankruptcy courts to fighting, unsuccessfully so far, to retain control over executive pay.

"You have a feeding frenzy going on," said Ellen Miller, executive director of the Sunlight Foundation, a non-partisan watchdog group.

Camden Fine, head of the Independent Community Bankers of America, said he worked through the weekend to successfully extend the bailout plan to commercial banks. He hasn't stopped working the phones since. "If cellphones cause cancer, I'm in trouble," he said.



Read more: http://www.usatoday.com/news/politics/election2008/2008-09-24-lobbying_N.htm

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And if you want a non M$M site that broke this story two days ago:

http://www.wsws.org/articles/2008/sep2008/fren-s23.shtml

[AlCzervik]

1. funny, Rick Davis went to dc with McCain today, i guess it wasn't to be with him!

[Trillo]

2. Surprised this didn't get more attention.

The aggression is evident.

[Nihil]

3. Parasites ...

... moreover, parasites that have practically killed their host.
:grr:

[Runcible Spoon]

4. fucking disgusting.

there is a special place in hell...at least I'm hoping...